Question

write are three different between economic and non economic activities
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Answer 1

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Answer 2

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Question

Write are three different between economic and non economic activities.

Answer

Economic Activity:

◇Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life.

◇It refers to a human activity related to production and consumption of goods and services for economic gain.

◇Any activity that includes manufacturing, distributing or utilising products or services.

Non - Economic Activity:

◇Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain.

◇Those activities which are initiated for personal content or to meet human sentiments are non-economic activities.,

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